"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Diane Swonk, Chief Economist at KPMG, discusses how the current US-China trade war is currently impacting the growth outlook. Representative Adrian Smith (R) Nebraska weighs in on whether or not President Trump’s 90-day pause is enough time to conclude negotiations with various countries around the world. Patrick McHenry, Former Representative (R) North Carolina, discusses the rollercoaster journey that was this week.
Chapters:
00:00:00 – Balance of Power Begins
00:01:51 – Bloomberg’s Laura Davison on Will 90-Day Window Be Enough Time to Conclude Negotiations, China Caps Tariffs on US at 125%
00:04:21 – Bloomberg’s Michael McKee on US Consumer Sentiment Extends Plunge, When Does Soft Data Turn Into Hard Data
00:07:01 – Bloomberg’s Scarlet Fu on Treasury Yields Weekly Increase is Biggest Since 2001, US Stock Market Recap of the Week
00:09:30 – Diane Swonk, KPMG Chief Economist, on US-China Trade War, Growth Hit, Bond Market Concern, Could Federal Reserve Intervene
00:16:00 – Rep. Adrian Smith (R) Nebraska Discusses If 90 Days Is Enough Time to Get Negotiations Finalized, Impact of China Tariffs on Local District
00:23:23 – Bloomberg’s Michael McKee on Argentina Saying the IMF Will Provide $15 Billion In Financing This Year
00:25:31 – Patrick McHenry, Fmr. Rep. (R) North Carolina, Recapping and Reacting to The Week: From Trump Tariffs, Market Reaction, 90-Day Pause
00:34:53 – Political Panel Reaction to US Consumer Sentiment, Could There Be GOP Fallout Over Trump Tariffs, Judge Orders Columbia Activist’s Deportation
00:44:26 – Lookahead: US & Iran Officials to Speak on Iran’s Nuclear Programs
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